K&F Growth Acquisition II LOI Values Pearl at $350 Million
K&F Growth Acquisition II signed a non-binding LOI to make Pearl, David's Bridal's digital platform, a public company with a $350M enterprise value. The deal includes a $75M PIPE and an expected 2027 close. Pearl projects 2027 revenue over $85M and 2026 EBITDA margins above 30%.
